Wall Street Wins as Senate Blocks Consumer Protection Rule

Posted on October 30, 2017 by | 2 Comments

The Senate voted 51-50 to repeal a rule that would have made it easier for consumers to sue the financial institutions that defraud them. The move is “outrageous,” NEP’s Bill Black on The Real News Network. “It should be a national scandal, and require resignations in disgrace.” It can be viewed with a transcript here.

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2 responses to “Wall Street Wins as Senate Blocks Consumer Protection Rule”

  1. Steve | October 30, 2017 at 9:15 pm |

    You may also include that many of our social media comment sections on news websites have been removed to possibly prevent the formation of class actions.

  2. Ray LaPan-Love | October 30, 2017 at 10:26 pm |

    Does this mean that lubricants for consumers will not go up in price?